iLoungeiLounge
  • News
    • Apple
      • AirPods Pro
      • AirPlay
      • Apps
        • Apple Music
      • iCloud
      • iTunes
      • HealthKit
      • HomeKit
      • HomePod
      • iOS 13
      • Apple Pay
      • Apple TV
      • Siri
    • Rumors
    • Humor
    • Technology
      • CES
    • Daily Deals
    • Articles
    • Web Stories
  • iPhone
    • iPhone Accessories
  • iPad
  • iPod
    • iPod Accessories
  • Apple Watch
    • Apple Watch Accessories
  • Mac
    • MacBook Air
    • MacBook Pro
  • Reviews
    • App Reviews
  • How-to
    • Ask iLounge
Font ResizerAa
iLoungeiLounge
Font ResizerAa
Search
  • News
    • Apple
    • Rumors
    • Humor
    • Technology
    • Daily Deals
    • Articles
    • Web Stories
  • iPhone
    • iPhone Accessories
  • iPad
  • iPod
    • iPod Accessories
  • Apple Watch
    • Apple Watch Accessories
  • Mac
    • MacBook Air
    • MacBook Pro
  • Reviews
    • App Reviews
  • How-to
    • Ask iLounge
Follow US

Articles

Articles

Importance of Investing in a Licensed Cryptocurrency Exchange

Last updated: Aug 21, 2020 1:04 pm UTC
By Lucy Bennett
Importance of Investing in a Licensed Cryptocurrency Exchange

As a whole, the cryptocurrency industry has made what was impossible before possible, including the ability to remit and transfer money to anywhere in the world.

Advertisements

Cryptocurrency exchange platforms are on the rise and have become places where investors could grow their money. Everyone, from beginners to experienced traders can dive right in and not worry about security or reputation.

Importance of Investing in a Licensed Cryptocurrency Exchange

A licensed exchange stands to gain greater ground compared to exchanges that can only be found in Google searches. Aside from commanding greater trust among large traders and corporations, these entities are more secure and safer from hackers and fraud.

www.bitto.tech is one such example of an established cryptocurrency exchange. Aside from being able to sell, trade or buy crypto coins at a lower price, you can trade with confidence knowing that the licensed cryptocurrency exchange is backed by investors and corporations.

Advertisements

Why a Security License is Key

Investing in cryptocurrency has its ups and downs, more so if it’s done on crypto exchange websites. The risk is lessened when you trade on a licensed platform- all the money you put in goes towards crypto assets and not anywhere else.

A licensed exchange is bound to have more traders who put in significant amounts of money as they are more confident compared to putting money on sites that only exist through Google.

Advertisements

More and more exchanges are acquiring licenses in hopes of maintaining their operations. Countries, as a whole are setting up regulations in order to gain the trust of investors.

Investing in crypto is exciting; however, the lack of regulations can put off investors who want steady gains. Cryptocurrency exchanges should begin their journey to acquire a license to they can be seen as a legitimate exchange platform, such as bitto.tech

Exchange availability mostly falls into two elements- proper certification and their country’s regulations regarding crypto and blockchain technology.​​​​​

Advertisements

Latest News
The USB-C AirPods Max is $150 Off
The USB-C AirPods Max is $150 Off
1 Min Read
BOE Stands as the Top Apple Partner for MacBook Displays
BOE Stands as the Top Apple Partner for MacBook Displays
1 Min Read
iPadOS 26 and iOS 26 Third Developer Betas Now Available
iPadOS 26 and iOS 26 Third Developer Betas Now Available
1 Min Read
Apple Rolls Out New Developer Betas for visionOS 26 and watchOS 26
Apple Rolls Out New Developer Betas for visionOS 26 and watchOS 26
1 Min Read
The AirPods 4 with ANC is $30 Off
The AirPods 4 with ANC is $30 Off
1 Min Read
New US TikTok App to Launch in September
New US TikTok App to Launch in September
1 Min Read
Online Leaks Show MagSafe and Apple Logo Changes for iPhone 17 Pro
Online Leaks Show MagSafe and Apple Logo Changes for iPhone 17 Pro
1 Min Read
Apple Original Film Garners $293 Million in Ten Days
Apple Original Film Garners $293 Million in Ten Days
1 Min Read
The 13-inch M4 MacBook Air 512GB is $150 Off
The 13-inch M4 MacBook Air 512GB is $150 Off
1 Min Read
Apple Loses $110M 3G Wireless Patent Battle
Apple Loses $110M 3G Wireless Patent Battle
1 Min Read
iPhone Sales in China Climb
iPhone Sales in China Climb
1 Min Read
Apple Planned Cloud Service in the Past
Apple Planned Cloud Service in the Past
1 Min Read

iLounge logo

iLounge is an independent resource for all things iPod, iPhone, iPad, and beyond. iPod, iPhone, iPad, iTunes, Apple TV, and the Apple logo are trademarks of Apple Inc.

This website is not affiliated with Apple Inc.
iLounge © 2001 - 2025. All Rights Reserved.
  • Contact Us
  • Submit News
  • About Us
  • Forums
  • Privacy Policy
  • Terms Of Use
Welcome Back!

Sign in to your account

Lost your password?